Brief: Party City Holdco - Expects To Recognize Approximately $900 Million In Asset Impairment Charges In 2022 Versus $9 Million In Asset Impairment Charges In 2021
15/03/2023 21:28
March 15 (Reuters) - Party City Holdco Inc PRTYQ.PK :
* PARTY CITY HOLDCO - EXPECTS TO RECOGNIZE APPROXIMATELY
$900
MILLION IN ASSET IMPAIRMENT CHARGES IN 2022 VERSUS $9 MILLION IN
ASSET IMPAIRMENT CHARGES IN 2021
* PARTY CITY HOLDCO - SUBSTANTIAL PORTION OF THE 2022 ASSET
IMPAIRMENT CHARGES RELATE TO IMPAIRMENTS OF THE COMPANY’S
GOODWILL AND TRADE NAMES
Source text for Eikon: [ID:https://m5.gs/d1B4Y0]
Further company coverage: PRTYQ.PK
((Reuters.Briefs@thomsonreuters.com;))
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